The Commission on Audit (COA) has ordered a sweeping review of developers’ compliance with the government’s balanced housing mandate, flagging possible underpayments tied to how the Department of Human Settlements and Urban Development (DHSUD) computed obligations.
Megaworld Corp., the property development arm of tycoon Andrew Tan, has strengthened its position as the country’s leading developer of green office spaces after securing another sustainability certification for its growing portfolio.
Managed facility operators are gaining ground as companies rethink office leasing strategies in response to tighter capital conditions and elevated uncertainty, according to Mikko Barranda, director for commercial leasing at Leechiu Property Consultants.
Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.